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Tag Archives: deficit
Our National Debt is the Result of Too Much Spending
Seem obvious? Well, in theory, it’s actually possible the debt could be caused from one of two things—either not raising enough revenue (IRS) or spending far beyond our means, running annual deficits. Antony Davies explains why our problem is the … Continue reading
Why the Recent Climb in Markets May Indicate High Inflation Is Already Here
This economy thing really has me torn—borderline obsessive, in fact. I’m looking at fundamentals vs. recent claims (similar to the never-to-appear “green shoots” claims of this last spring/summer) and it simply cannot possibly add up. We have some gross contradictions, … Continue reading
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Tagged Bernanke, confidence, currency, debt, deficit, dollar, Fed, gold, inflation, markets, Quantitative Easing, stocks, tax, unemployment
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Don’t Be Swayed By Attacks Against Colorado Small-Government Proposals
“Why not?” you may ask. The short answer is because the attack ads (running on seemingly every radio station at every commercial break all day long) are flat-out wrong. This is a mixture between misleading statements and lies. Let’s examine … Continue reading
Posted in Uncategorized
Tagged Amendment 60, Amendment 61, Coloradans for Responsible Reform, debt, deficit, Federal Reserve, jobs, Proposition 101, small business, teachers
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Social Security is Already Broke—In the Red Now!
Yes, you’ve probably heard many times that the Social Security system is broken. But that’s not what I mean here. What I mean is that it has now paid out more in benefits than it’s received as revenue. It’s in … Continue reading
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Tagged benefits, broke, budget, CBO, deficit, Harry Reid, Sharron Angle, social security, SSA, tax, trust fund
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Fiscal Responsibility? Senate Democrats Continue Deficit Spending
This just in: We’re still broke, but spending money like a drunken Democrat. OK, nothing new with that. You’ve probably heard lots of talk coming from Washington of late regarding “fiscal responsibility”, right? I wonder where it is. An article … Continue reading
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Tagged debt, deficit, democrats, fiscal responsibility, Obama, president, Rahm Emanuel, Senate, spending, Washington
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Hey, Buddy, Could You Spare $350,000 for a Guy?
Wow, with “change” like that, you could buy a nice house! What’s the significance of that number? Well, it’s the amount that you, your spouse, kids, and grand-kids owe to clear our national debt and cover our projected costs in … Continue reading